my theory is that any payment provider that grows large enough will eventually become just like PayPal when you enable international processing fraud rates spi

my theory is that any payment provider that grows large enough will eventually become just like PayPal when you enable international processing fraud rates spike (double-digit percentages in some countries) and you end up building an agressive fraud protection scheme like PayPal have the new startups have the advantage of only serving a relatively small less risky market, and being obscure enough not to be a target of fraud groups these new startups have nice features such as simple API's etc. but I haven't seen anything yet that is revolutionary in terms of technology that will break out of the fraud/blocking cycle Edit: to add, I am not being dismissive of the new startups, on the contrary I am using Swipe on a new product, and I really do hope that one of these guys nails this space